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NEED CALCULATIONS NOT JUST NUMBERS PLEASE Sullivan Ranch Corporation has purchased a new tractor. The following information is given: Cost: $ 150,000 Estimated Residual: $
NEED CALCULATIONS NOT JUST NUMBERS PLEASE
Sullivan Ranch Corporation has purchased a new tractor. The following information is given: Cost: $ 150,000 Estimated Residual: $ 10,000 Estimated Life in years: 4 Estimated Life in hours: 1200 Actual Hours: 1 Year 1 360 Year 2 270 | Year 3 350 Year 4 220 Prepare the following straight Line depreciation schedule by using the excel LN FUNCTION fx to calcul Sullivan Ranch Corporation has purchased a new tractor. The following information is given: Cost: $ 150,000 Estimated Residual: $ 10,000 Estimated Life in years: 4 Estimated Life in hours: 1200 Actual Hours: 1 Year 1 360 Year 2 270 | Year 3 350 Year 4 220 Prepare the following straight Line depreciation schedule by using the excel LN FUNCTION fx to calculStep by Step Solution
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